Fulcrum Metals Plc (GB:FMET) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Fulcrum Metals Plc has inked a definitive option agreement with Terra Balcanica Resources Corp. for the divestment of its uranium projects in Saskatchewan, Canada, which could lead to Terra acquiring 100% interest post exploration commitments and payments. The deal provides Fulcrum with immediate capital for its other mining endeavors and retains a 1% net smelter return royalty on the sold assets. This strategic move aims to refocus Fulcrum on its core gold exploration projects and innovative tailings processing operations.
For further insights into GB:FMET stock, check out TipRanks’ Stock Analysis page.
